Rakesh Jhunjhunwala shareholding in Fortis Healthcare jumps!
Rakesh Jhunjhunwala has increased his capital exposure in Fortis Healthcare from 1.66 per cent to 2.65 per cent.
Ace investor Rakesh Jhunjhunwala has increased his capital exposure in Fortis Healthcare from 1.66 per cent to 2.65 per cent. The development came to the public domain after the Fortis Healthcare statement on the shareholding pattern was shared with the BSE today. After this rise in shares from 1.66 per cent to 2.65 per cent in Rakesh Jhunjhunwala portfolio, he now holds 2,00,00,000 or 2 crore shares in Fortis Healthcare.
In the shareholding pattern shared by Fortis Healthcare with the BSE for the quarter ending December 2019, Rakesh Jhunjhunwala's total number of fully paid-up equity shares held is 2 crore. It reveals Big Bull's net shareholding in Fortis Healthcare now is 2.65.
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The shareholding pattern for the December quarter further reveals that Fortis Healthcare has investments by mutual fund houses, which is to the tune of 4.99 per cent. A major investment from the mutual fund houses has come from the Reliance Capital Trustee Co Ltd. A/C Nippon India Retirement Fund — Wealth Creation Scheme and ICICI Prudential Equity & Debt Fund. Reliance Capital Trustee Co Ltd. A/C Nippon India Retirement Fund — Wealth Creation Scheme has a shareholding of 2,49,96,750 shares in Fortis Healthcare while ICICI Prudential Equity & Debt Fund has 87,57,813 shares holdings in Fortis Healthcare. Among the financial institutions, Axis Bank has a shareholding of 1.19 per cent in Fortis Healthcare.
Fortis Healthcare shares were trading at around Rs 146 per stock levels at 2:47 PM. This means Rakesh Jhunjhunwala has around Rs 292 crore investment in Fortis Healthcare.
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